. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Content warning: This article covers allegations of sexual assault. As of Dec 2022, the chains that the company owns and/or operates include: On this Wikipedia the language links are at the top of the page across from the article title. . Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. The firm seeks to invest in consumer and business service companies in the restaurant, specialty retail, consumer and business services, and health, wellness, and beauty sectors. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. www.roarkcapital.com. Please Roark Capital Group added another brand to its wide-ranging franchise portfolio with the acquisition October 1 of residential and commercial restoration and cleaning services company. Phone (212) 806-6000 Their total assets, however, are around $250 million. The company is in growth mode, targeting eight to 10 new openings a year. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Merry Maids is a leading franchisor and provider of home cleaning services. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Driven Brands has more than 2,000 centers across North America, and combined, all businesses generate more than $2.1 billion in system sales. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. New York, NY 10022 ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . In 2016 Liautaud sold a majority share in the company to Roark Capital. Author has 4.2K answers and 3.1M answer views. It met Roarks expertise then: a franchised business in the hospitality arena. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Roark Capital is an Atlanta-based private equity firm. Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. You don't drive past their logos every time you leave the house. Today the only other restaurantchain Golden Gate owns besides Red Lobster is California Pizza Kitchen, but their portfolio includes lots of non-restaurant companies, including Eddie Bauer, Payless, and J. Jill. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. The fast . The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Branson, MO 65616-2060. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Our largest sector, food and restaurants, encompasses investments in brands such as: Inspire Brands (the owner of Arbys, Baskin Robbins, Buffalo Wild Wings, Dunkin, Jimmy Johns, and Sonic), Nothing Bundt Cakes, CKE Restaurants (the owner of Carls Jr and Hardees), FOCUS Brands (the owner of Auntie Annes Pretzels, Carvel Ice Cream, Cinnabon, Jamba, McAlisters Deli, Moes Southwest Grill, and Schlotzskys), Millers Ale House, Culvers, The Cheesecake Factory (the owner of North Italia and Flower Child), Jim N Nicks BBQ, and previously Corner Bakery, Il Fornaio, Naf Naf Middle Eastern Grill and Wingstop. The Cheesecake Factory is reacquiring most of the equity stake held by Buffalo Wild Wings parent Roark Capital in a transaction valued at $457.3 million. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. Arbys is the largest drive-thru sandwich chain in the United States. Started in Jupiter, FL in 1988 by husband and wife team Jack and Claire Miller, Miller's Ale House is a sports-themed full service restaurant that offers an extensive menu of freshly prepared food and top-quality drinks. 1-800 Radiator is the largest franchised automotive parts distributor in North America. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Roark Capital Group General Information. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. He now owns the Gulfstream G-IV with registration . Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . Im not sure Id call ourselves experts at this point, but we certainly have a lot of years of study, learning about the industry and through our experiences.. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Baskin-Robbins, the worlds largest chain of ice cream specialty shops, is known for its variety of 31 flavors of ice cream, along with their creative ice cream cakes, milkshakes, and ice cream sundaes. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com So far, it seems the risk is paying off. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Jim N Nicks is a differentiated full-service restaurant chain that has been serving award-winning barbecue and Southern-inspired cuisine for over 30 years. [21][22] The acquisition was completed on December 15, 2020. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. If capital and expertise are needed to help the brands grow, well provide that.. Were growers, not cutters. Members help make our journalism possible. How are the unit-level economics? [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Stronger U is a digital, personalized nutrition-based health coaching services brand. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. After the hotel business was sold, one of Aronson's mentors, Odyssey Partners cofounder Jack Nash, encouraged him to try his hand at private equity. 1180 Peachtree Street NE RB AMERICAN. Atlanta, Georgia 30309 Our consumer products and services investments have included Driven Brands (the owner of ABRA, ATI, CARSTAR, International Car Wash Group, Maaco, Meineke, Take 5, Uniban, 1800 Radiator, Auto Glass Now, and others), ServiceMaster Brands (the owner of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, AmeriSpec, and Two Men and a Truck), Pet Supermarket, Pet Valu, Orangetheory Fitness, Massage Envy, Mathnasium, Primrose Schools, Self Esteem Brands (the owner of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, and Stronger U), Fitness Connection, Youth Enrichment Brands (the owner of US Sports Camps, US Baseball Academy, i9 Sports, Streamline Brands and KE Camps), Great Expressions Dental Centers, and previously Atkins Nutritionals, Batteries Plus Bulbs, Drybar, FASTSIGNS, and US Franchise Systems. It is part of Flynn Restaurant Group which also operates 441 . Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. Since inception, affiliates of Roark Capital have acquired 52 franchise/multi-unit brands, which generate $20 billion in annual system revenues from 22,000 locations in 50 states and 75 countries. We like growth, and were looking to invest in growth.. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Roark Capital Group. 37th Floor He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. About Roark Capital GroupRoark focuses on consumer and business service companies with a specialization in franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. Driven Brands is the largest automotive services company in North America. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Sign up here. B-Dubs might be going private. Like many urban fast-casual concepts , Corner Bakery has struggled during the pandemic and has seen sharp declines in earnings and revenues since March, according to Debtwire. Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . For more information visit www.roarkcapital.com. For more information, please visit www.roarkcapital.com. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 HOME [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. Roark Capital Acquires ServiceMaster Brands. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. from 8 AM - 9 PM ET. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Rating. A winwinwin approach leads to a positive business environment where all stakeholders customers, employees, franchisees, strategic partners, service providers, management and shareholders share in the growth and success of our businesses. Roarks strategy is to focus on a few industries and dive deeply into them, gaining knowledge and insight that is important to make acquisitions and providing expertise to its operating company managers, who typically hold an equity stake. To this day, Wingstop is still under the Roark Capital Group. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Baseball Academy. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. TWO MEN AND A TRUCK is the largest franchised moving company in the U.S. and offers comprehensive home and business relocation, junk removal, and packing services. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. GROUP. NEW YORK OFFICE The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Founded in 1988, U.S. They are an extremely knowledgeable group, he says, noting that the firms buy-and-hold philosophy is important to him as a lender and franchisee. Roark Capital Group, an Atlanta-based private equity firm focused on franchise and consumer brands, announced today that its affiliate has acquired Driven Brands, the nation's leading franchise . While the chain has over 1,700 locations around the world with thousands of employees and owners, Wingstop was sold to Roark Capital Group in 2010 and went public in 2015. Atlanta, Georgia 30309 Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. Will the Fast-Food Dining Room Live On After COVID? After a few quiet years, Roark raised its first flagship fund in 2005, a $413 million vehicle, and quickly got to work making deals, completing four . Get todays need-to-know restaurant industry intelligence. "Arby's Restaurant Group" redirects here. Each deal brings its own set of challenges, says Erik Morris, a managing director who joined Roark in 2007 after leading investments in several quick-service restaurant companies at private equity firm Grotech Capital Group. CARSTAR is the largest franchise network of automotive collision repair shops in North America. Jimmy still owns 35%. Lying on the carpet are two more frames, holding announcements for the latest purchases, Carls Jr. and Hardees, made last December in a deal valued at about $1.7 billion. Inspire Brands and Roark Capital Group own Arby's. The two companies are the parent organizations of Arby's. Inspire Brands is an American holding company and the owner and franchiser of many food industry companies, such as Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Rusty Taco, and others. 540 Madison Ave www.roarkcapital.com, Roark [23], On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah. Some firms seek investments that fit into specific size parameters. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. Although CKE has debtthe company refinanced $1 billion last yearAronson says its very manageable. Not knowing what to expect during the impending crisis, most restaurant companies scrambled to maximize their liquidity, fearful theyd have insufficient cash on hand to sustain operations as dining rooms were ordered to close and sales fell to a trickle. Others acquire companies, do some financial engineering, and then flip them after a few years. Inspire Brands is majority-owned by affiliates of Roark Capital Group. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. [13] Co-owner The Wendy's Company's stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark Capital to fund the purchase. Roark bought control of Arbys for $430 million in cash and debt, despite 2010 results that one analyst dubbed amongst the worst in modern restaurant history.. Arbys is the largest drive-thru sandwich chain in the United States. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. 1180 Peachtree Street NE The purchase of the burger chains parent, CKE Inc., which has nearly 3,450 units around the world, is Roarks biggest deal yet, and it solidified the 13-year-old firms position as one of the worlds largest limited-service dining companies. Visit Website. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. Founder & Chief Executive Officer. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Roark differs in many ways from other private equity companies. Who owns the most Arby's franchises? Cheesecake will then repurchase the stock for $446.9 million. 1-800 Radiator is the largest franchised automotive parts distributor in North America. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. SONIC is the largest drive-in chain in the United States, well-known for its unique drive-in format, carhop service model, and broad menu of food and beverages with over 1.3 million drink combinations. Lines and paragraphs break automatically. ICWG operates under the IMO banner in Europe and Asia-Pacific. 1180 Peachtree Street NE privacy policy or contact Youth Enrichment Brands is a leading youth activities company, offering camps, leagues, clinics, classes and other programs that annually serve more than 700,000 kids ranging from 2 to 18 years old. We look first at the brand and the company, he says. Before launching Roark Capital, he was the co-founder and CFO of US Franchise Systems, an owner and operator of hotel brands that increased its holdings more than 20-fold under his leadership. Founded in 2006, Streamline Brands is a leading franchisor and When typing in this field, a list of search results will appear and be automatically updated as you type. While the firm has not sold any of its restaurant companies yet, that time will come. Youth Enrichment Brands is a leading youth activities company, offering camps, leagues, clinics, classes and other programs that annually serve more than 700,000 kids ranging from 2 to 18 years old. The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. Roark Capital Group serves customers in the United States. Registered in England and Wales. Article continues below . It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. Roark also owns nearly a dozen non-eatery franchise businesses. NEW YORK OFFICE Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. Later on, it was sold to the Roark Capital Group back in 2010. And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. There hadnt been a new flavor in five years or a new product in eight. Naf Naf Grill, the fast-casual Middle Eastern concept, and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital Group, the . The New Jersey State Investment Council, which manages investments in seven public pension funds, committed up to $100 million to the private equity firms latest fund in 2012 after the agencys staff cited Roarks impressive track record and strong returns. All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people.